Nomura Research Institute (OTCMKTS:NRILY) Stock Rating Lowered by Zacks Research

Nomura Research Institute (OTCMKTS:NRILY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Nomura Research Institute Trading Up 1.7%

Shares of NRILY stock opened at $31.01 on Wednesday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.49. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company’s 50-day moving average price is $28.79 and its 200-day moving average price is $30.20. The stock has a market cap of $17.78 billion, a price-to-earnings ratio of 140.95, a PEG ratio of 1.75 and a beta of 0.71.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $31.34 by ($32.10). Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%.The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $227 billion. As a group, equities analysts predict that Nomura Research Institute will post 1.39 earnings per share for the current year.

About Nomura Research Institute

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.